Subscribe and comment for a chance to win a free ticket to http://10xgrowthcon.com
How to Get a Loan-Real Estate Investing Made Simple: The easier a loan is to get, the less money you will make, the more trapped you are, and the fewer buyers will be there to buy your deal on your exit. There are different types of loans, and the easiest to get is a residential loan, which is 4 units or less and you must live in one of them.
This is better than a home loan. This loan is not just based on your credit, it’s based on income. Commercial loans are more difficult to get.
Here’s what they’re going to look for:
1. They’re going to look at your net worth first.
2. Next, they’ll look at your credit.
3. Finally, they’ll look at your track record, what kind of experience you have.
The most important thing to have is #1. You need net worth to get started. Watch as I take callers today and review their deals so that you too can educate yourself on this business.
Check out https://cardonecapital.com/ for more on how you can invest with me and not worry about securing your own loan.
►Where to follow and listen to Uncle G:
Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and…
► Subscribe to My Channel: https://www.youtube.com/user/GrantCardone?sub_confirmation=1
Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.